Yatra Online IPO | The aggressive pricing of the issue could be one of reasons for tepid response to the issue, though the company is looking good with a longer time horizon, analysts said.
Yatra Online IPO: Retail investors were only among the participants at the forefront in terms of bidding, buying 1.16 times the portion set aside for them which is 10 percent of the total offer
The IPO comprises a fresh equity issue worth Rs 602 crore and an offer for sale (OFS) of up to 1.21 crore shares. The price band for the IPO is Rs 135-142, where investors can bid for a minimum of 105 equity shares and in multiples thereafter
Yatra Online IPO | The country s third-largest online travel company is planning to raise Rs 775 crore via initial public offering at the upper end of price band of Rs 135-142 per share.
Yatra Online IPO: Out of the total allocation to anchor investors, 1,48,59,390 equity shares were allocated to six domestic mutual funds through a total of 19 schemes